Menu

Why Business People Using Payroll Software

0 Comment


Why Business People Using Payroll Software

Singapore Accounting Software offers the best payroll software in Singapore such as Sage_Ubs, EZ payroll, MYOB payroll & Quickbooks. Such accounting and  software are necessary to streamline your enterprise’s operating procedures. By automating the payroll process, not only will you be able to improve the efficiency and effectiveness of your company, you’ll also receive in-depth tracking and analysis reports, allowing you track every cent of your employees’ wages, understand tax implications as well as gain detailed analysis of your company’s payroll.

Cost Effective & Saves Time

There is great potential to save money… especially once you can use the software quickly and efficiently. You should be able to process a pay from for 20 people easily within 30 minutes. This saves time and money. Payroll software helps to speed every aspect of the payroll process with a range of automated features.

Tax (PAYE) updates

You might have missed the latest tax updates, but payroll software will help you by notifying you when these updates arrive. The tax tables in the pay software also calculate student loans and KiwiSaver employee and employer deductions.

Create Payslips

Create payslips, print or email with the click of a button. Payroll software allows you to quickly and easily generate payslips for all your employees, and with templates you can be sure that the statutory minimum amount of information is included.

Holiday Pay automatically calculated

Calculates annual leave, sick leave, manages lieu days and most importantly, works out the leave rate automatically. This is a big job to do manually. Furthermore, leave is reported to employees on pay slips.

IR Filing

Stay out of the IRD’s line of sight by filing your returns accurately and on time every month. You are more likely to remain compliant with a reliable up to date payroll & will save time doing filing.

Reminders

Different reminders help the user avoid important tasks and to get them up to speed when they sign in to the software. This makes it easy for the user to keep on top of tasks like employee reviews

Avoid Making Mistakes

It is easy to make mistakes when you manage aspects of payroll manually, but with the right payroll management solution it becomes much more difficult to make such mistakes. Comprehensive validation procedures and checks stop you from entering the wrong information such as bank account numbers or IRD numbers.

Employee calendars

Available with some payroll software solutions, employee calendars give you a super easy way to manage sick leave, absences and overtime. In a glance you can see how long employees are away for, whether they should be at work, what type of leave they are currently on, how much leave they are entitled to etc. It makes planning a lot easier.

No Need for Expertise

When the right accounting software is used and the payroll demands are modest, anyone with a good understanding of employment legislation can manage a company’s payroll requirements effectively. This is good for smaller businesses that want flexibility. In addition to software tutorials, payroll software providers such as MYOB offer comprehensive support services as part of the package, to help with software issues or with how to deal with any aspect of payroll.

At Singapore Accounting Software, our team of highly qualified and experienced professionals are dedicated to your satisfaction by providing the best payroll software Singapore usage. We customize and perfect your system specifically to cater to your needs in order to integrate your system with your business as smoothly and quickly as possible. Not only do we provide the highest quality service, we also offer competitive prices as well as the most comprehensive range of payroll software Singapore has available That makes us the one-stop solution for all your payroll software needs.

Visit more at: singaporeaccountingsoftware.com

Tags: , , , , , , , , , , , , , , , , , , , ,